Carbine Resources is a step closer to development of the Mount Morgan gold-copper project in Queensland after starting key engineering and design work.
Board approval for the start of front-end engineering and design (FEED) work will be carried out in parallel with finalising the remaining regulatory approvals for the project, according to Carbine.
With contractor GR Engineering, Carbine will undertake the FEED work, including detailed geotechnical evaluation, engineering and survey control of the plant location in preparation for earthworks and civil construction.
Activities will also involve completion of metallurgical test work using a demonstration plant and engineering work to progress procurement tenders, including for long-lead items.
Carbine managing director Tony James said strong progress was being made on several fronts at the same time.
“The company’s confidence in the project increases with the completion of each piece of work,” James said.
“We are very confident that we will receive the remaining government approvals for a project which will make a very positive contribution to both the environment and to the communities in Mount Morgan and Central Queensland.”
The project is about 40km southwest of Rockhampton. In its Mount Morgan feasibility study, released in December 2016, Carbine estimated that preproduction capital costs for the project would be $85 million.